This Dispatch will emphasize that there is no crisis in most state
retirement systems, even according to the numbers of the researchers
demanding state leaders take unneeded action to cut the incomes of
retirees. And despite the hype from a few carefully selected anecdotes
of retirees gaming pension systems, the reality is that the
overwhelming number of public employees receive pretty bare-bones
benefits, in some cases not enough even to keep them out of poverty.
Portending a sharp increase in corporate political spending, the Supreme Court has ruled (Citizens United v. FEC)
that corporations enjoy the same speech rights of citizens when it
comes to advocating the election or defeating political candidates.
Elected officials, including U.S. President Barack Obama, have
denounced the ruling as striking at the heart of our democracy by
putting corporations on an equal footing with real people when it comes
to basic constitutional rights.